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Nov 21, 2012
11/12
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united states or the u.k. or any of the surrounding arab countries. >> why has this received so little attention, do you think? >> the only explanation i can come up with, is that too many people in positions of power and authority in the new iraq have been, in one way or another, found with their hands inside the cookie jar. and if they are brought to trial, it will cast a very disparaging light on those people who had supported them and brought them to this position of power and authority. >> nobody wants to get to the bottom of it. >> in practice, no. >> since our report first aired, a lot of things have changed in iraq, the biggest being the withdrawal of american military forces. since ali allawi left his post in early 2006, he has returned to his teaching position at oxford university, and has also taught at harvard and princeton. among other changes, judge radhi, the man with the most dangerous job in iraq, fled the country and sought asylum in the united states. as for the man he was investigating, zia
united states or the u.k. or any of the surrounding arab countries. >> why has this received so little attention, do you think? >> the only explanation i can come up with, is that too many people in positions of power and authority in the new iraq have been, in one way or another, found with their hands inside the cookie jar. and if they are brought to trial, it will cast a very disparaging light on those people who had supported them and brought them to this position of power and...
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Nov 29, 2012
11/12
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>> because he's the president of the united states. it is the white house. in the case, you can make an impact, you should do it. >> but that's the question. can you make an impact? >> at the moment, it looks like not. again, i said this recently at another conference. if you're a ceo, you're going to get your constituents in a room and not leave. you're not going to get in a plane, bring people in to antagonize the other side as rerecently did. you're going to sit in a room until you hammer this out. >> is it better to allocate money outside the united states? let me ask how you're allocating capital. there are some reports you're going to be buying a hotel chain from india's biggest real estate company. is that right? >> we're buying a hotel chain here in the united states from pimco. >> l & r property. >> that's different. that's from five different owners. >> what are you buying? >> the spread between yields on property and interest rates today, given how aggressive lenders are at the moment is the widest maybe in my lifetime. you can earn very attractiv
>> because he's the president of the united states. it is the white house. in the case, you can make an impact, you should do it. >> but that's the question. can you make an impact? >> at the moment, it looks like not. again, i said this recently at another conference. if you're a ceo, you're going to get your constituents in a room and not leave. you're not going to get in a plane, bring people in to antagonize the other side as rerecently did. you're going to sit in a room...
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Nov 7, 2012
11/12
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we have a projection by the nbc unit. they only project when they have a very high confidence, but until the votes are counted the romney campaign can say whatever they want. >> rick, you've been the voice to such a large degree of a vocal element of this electorate over the last few years. what is your response tonight? do you feel, is there a repudiation of the things you've been breaching for the last three, four years? >> has the house changed much? >> no. >> okay. my guess is the fiscal conservatives in the house are going to be as fiscally conservative tomorrow as they were last week. i don't see why they shouldn't be. they were sent there by people. they were voted in and that is a voice of conservatism that is going to continue, in my opinion, to be a force to reckon with. >> what does that mean for the next four years for america? what does that mean for the economy? >> that means that if the president comes and has his acceptance speech given the questions in ohio, maybe he will have an answer on how he's going
we have a projection by the nbc unit. they only project when they have a very high confidence, but until the votes are counted the romney campaign can say whatever they want. >> rick, you've been the voice to such a large degree of a vocal element of this electorate over the last few years. what is your response tonight? do you feel, is there a repudiation of the things you've been breaching for the last three, four years? >> has the house changed much? >> no. >> okay....
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Nov 6, 2012
11/12
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next president of the united states. because the polls all show new hampshire has a virtual dead heat. perhaps a slight edge to obama. they show obama with a four or five-point edge in pennsylvania. if that's not the case, then i think all of these close races we can have some degree of confidence will break towards governor romney. i think we could have an early night. if, on the other hand, the polling in new hampshire is exactly what the vote says, then we could have a long night. so i think if governor romney is going to win, i think we'll know pretty quickly. otherwise, it's going to be a long night. >> yeah, but i mean, do you believe the polls? the polls are basically saying that even if it's just a fractional lead, the president is in the lead. so why would you think that these polls would crack toward romney? >> maria, the polls are a point in time. what matters most is the momentum. i think over the last three days -- and it's the eve of the election. there's no need for any spin. the polls have been open for 1
next president of the united states. because the polls all show new hampshire has a virtual dead heat. perhaps a slight edge to obama. they show obama with a four or five-point edge in pennsylvania. if that's not the case, then i think all of these close races we can have some degree of confidence will break towards governor romney. i think we could have an early night. if, on the other hand, the polling in new hampshire is exactly what the vote says, then we could have a long night. so i think...
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Nov 16, 2012
11/12
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>> the president of the united states, beginning of arab spring, chose the wrong side, larry. he chose the arab strongmen. they now believe the president can be treated as a chump and they can attack israel without risking themselves. that's what's going on right now. i mention this. there is a good report that that missile that landed in tel aviv was not fired from the gaza strip. it was fired from the northern sinai near rafik, fired from egyptian territory. morsi knows this, larry. this is trouble. >> that's the thing, john. egypt is not a good player. they're supposed to be an israeli ally. they are not. i don't even know if they're an american ally. i don't know whose israel's ally is in the middle east. i'm just waiting for the united states to become an israeli ally because iran which is funding this and funding the hamas weapons, iran is watching closely. this is one of these symbolic things, john batchelor. if we don't do it right, we're going to look terrible. >> larry, israel does have a very good friend in the united states and it's excellent. it's the united state
>> the president of the united states, beginning of arab spring, chose the wrong side, larry. he chose the arab strongmen. they now believe the president can be treated as a chump and they can attack israel without risking themselves. that's what's going on right now. i mention this. there is a good report that that missile that landed in tel aviv was not fired from the gaza strip. it was fired from the northern sinai near rafik, fired from egyptian territory. morsi knows this, larry....
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Nov 22, 2012
11/12
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i will give you the names of all our front companies in the united states." so in terms of not only criminal intelligence but sort of, you know, pure, i don't know, covert intelligence, goto represented a real find for the fbi. >> so the fbi made this deal? >> and they gave him a special visa to come into the united states. >> getting into the u.s. was one thing, but getting a liver transplant at a leading american medical center like ucla was something else altogether. >> what's the average waiting time for someone in california waiting for a liver transplant? >> it's probably realistically three years, and it could be much longer. >> not for tadamasa goto, who got a liver in just six weeks. california attorney larry eisenberg finds that surprising, especially since goto was number 80 on the waiting list. >> it should not be possible that an unsavory character from out of the country with ties to organized crime comes into the united states and gets a priority and obtains a transplant. >> these two families, eisenberg's clients, both lost loved ones waiting
i will give you the names of all our front companies in the united states." so in terms of not only criminal intelligence but sort of, you know, pure, i don't know, covert intelligence, goto represented a real find for the fbi. >> so the fbi made this deal? >> and they gave him a special visa to come into the united states. >> getting into the u.s. was one thing, but getting a liver transplant at a leading american medical center like ucla was something else altogether....
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Nov 22, 2012
11/12
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. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get
. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the...
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Nov 26, 2012
11/12
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. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest o
. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper...
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Nov 9, 2012
11/12
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units have less than half the average unit volumes of our new units, jim. really the focus is on the new units and they're performing 40% above our system average sales. >> now i'm seeing popeye's appearing in different kinds of neighborhoods. for a while there i felt it was a little, you were -- previous to you, actually, more down scale. i'm now seeing you in a lot of areas that i regard as being, let's say for lack of a better term, a yuppie area. i see you in young professionals. i see you in burgeoning areas. you really changed the -- who you're selling to. >> we really changed the positioning of the brand by renaming our brand popeye's louisiana kitchen. we really made the brand deliver for all kinds of people and all kinds of neighborhoods. plus we're doubling the footprint of our brand across the united states and creating real excitement in new neighborhoods. >> now you're also whether you remodel a store and you're doing that over time, you get dramatically better results, don't you? >> remodeling is a great benefit to sales. and our system by the
units have less than half the average unit volumes of our new units, jim. really the focus is on the new units and they're performing 40% above our system average sales. >> now i'm seeing popeye's appearing in different kinds of neighborhoods. for a while there i felt it was a little, you were -- previous to you, actually, more down scale. i'm now seeing you in a lot of areas that i regard as being, let's say for lack of a better term, a yuppie area. i see you in young professionals. i...
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Nov 14, 2012
11/12
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so if you take from the first quarter of 2009 to the current date, revenue growth in the united states has been 35%. greater than it was between 1990 and 2007. >> right. >> that should have translated into 30,000 more jobs per month during this period of time. but it hasn't because business hasn't been willing to go out and hire people, bring full-time people on board because they don't know what the laws that are going to govern them from a regulatory standpoint, and they don't know what tax policy is going to be. >> why would you add heads to the payroll when you have no clarity on what your tax rate is going to be. what fees are involved in those agencies. >> right. >> so that's the issue. so would you be poised to stay away, to get on the sidelines? are you poised to put money into this market with these declines we're seeing? >> well, you know, we're never poised to sit on the sidelines. that's not our nature. >> you can't. >> right. that's not our business. many times when there's uncertainty, that's when the best investments come up. you know, when everything is going like this
so if you take from the first quarter of 2009 to the current date, revenue growth in the united states has been 35%. greater than it was between 1990 and 2007. >> right. >> that should have translated into 30,000 more jobs per month during this period of time. but it hasn't because business hasn't been willing to go out and hire people, bring full-time people on board because they don't know what the laws that are going to govern them from a regulatory standpoint, and they don't...
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Nov 12, 2012
11/12
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to the united states of crude oil. but the iea says that the u.s. is going to overtake saudi arabia as the top oil producer in the world by 2020. then by 2035, just about two decades from now, we will see our reliance on middle eastern oil completely gone. in fact we will become completely self-sufficient in terms of our energy needs. how will this happen? what is the road to our energy independence? well, we've already seen it happening. we've already seen conventional oil and gas production start to taper off and we're getting that oil and gas from unconventional sources, from fracking. and that is increasing dramatically. in fact, nearly half of the global production that we're seeing in natural gas in particular through 2035 is going to come from unconventional gas, according to the international energy agency, and majority of that will come from the united states. so what does this mean for the dploe global energy trade? it means we're going to see a build-up and diversification of oil and gas that's going to chan
to the united states of crude oil. but the iea says that the u.s. is going to overtake saudi arabia as the top oil producer in the world by 2020. then by 2035, just about two decades from now, we will see our reliance on middle eastern oil completely gone. in fact we will become completely self-sufficient in terms of our energy needs. how will this happen? what is the road to our energy independence? well, we've already seen it happening. we've already seen conventional oil and gas production...
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Nov 14, 2012
11/12
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what would it take for the united states to do the same, and is there any point at which the united states would consider arm, the rebels? >> i was one of the first leaders i think around the world to say assad had to go in response to the incredible brutality that his government displayed in the face of what were initially peaceful protests. obviously the situation in syria's deteriorated since then. we have been extensively engaged with the international community, as well as regional powers to help the opposition. we've committed to hundreds of millions of dollars of humanitarian aid to help folks both inside of syria and outside of syria. we are constantly consulting with the opposition on how they can get organized so that they're not splintered and divide in the face of the onslaught from the assad regime. we're in very close contact with countries like turkey and jordan that immediately border syria and have an impact -- and obviously israel which is having already grave concerns as we do about, for example, movements of chemical weapons that might occur in such a chaotic atmosphere
what would it take for the united states to do the same, and is there any point at which the united states would consider arm, the rebels? >> i was one of the first leaders i think around the world to say assad had to go in response to the incredible brutality that his government displayed in the face of what were initially peaceful protests. obviously the situation in syria's deteriorated since then. we have been extensively engaged with the international community, as well as regional...
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Nov 6, 2012
11/12
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a pick up in hiring in the united states. also the revenue establistabili. >> i'm cure just to know is the job growth temporary, full-time positions. because that's two very different things. >> makes a big difference to what they're saying about that pick up in jobs hiring. u.s. agenda, is there anything other than the election today? certainly no economic data as you might expect. there are some earnings out. i have a feeling they might get swamped. cable vision, cvs, care mark, dish network, aol and news corp. >> it's interesting because for some of these companies or for companies in general when they're reporting, they don't always love the scrutiny. so reporting on election day is, that a benefit or a hurt? >> news corp would have known it was the u.s. election, so she decided to release their results on the day of election day. >> we are in the thick of earnings season. but nevertheless, it's more fun. >> they decided to do it on purchase on election day. >>> coming up, how new wealth is creating new challenges for chi
a pick up in hiring in the united states. also the revenue establistabili. >> i'm cure just to know is the job growth temporary, full-time positions. because that's two very different things. >> makes a big difference to what they're saying about that pick up in jobs hiring. u.s. agenda, is there anything other than the election today? certainly no economic data as you might expect. there are some earnings out. i have a feeling they might get swamped. cable vision, cvs, care mark,...
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Nov 12, 2012
11/12
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by the president of the united states. bernanke also chairs the federal open market committee, which decides interest rates. when i called and proposed this interview about a year ago, your representative laughed out loud and said, "the fed chairman never does an interview." i wonder, why are you doing this? >> well, it's an extraordinary time. it's an extraordinary time. this is a chance for me, i think, to talk to america directly. >> and a chance for us to understand where he comes from. [rail crossing bell dinging] ben shalom bernanke grew up in one of the few jewish families in dillon, south carolina, today a town of about 6,000 people. his grandfather jonas immigrated from eastern europe, landed at ellis island, and came here to start a drug store. >> our family came here in 1941. my grandfather, jonas bernanke, bought this building, made it into the jay bee drugs, after his initials. >> later, his father and uncle took over the store, which has since become a restaurant. we're sitting on this corner where your famil
by the president of the united states. bernanke also chairs the federal open market committee, which decides interest rates. when i called and proposed this interview about a year ago, your representative laughed out loud and said, "the fed chairman never does an interview." i wonder, why are you doing this? >> well, it's an extraordinary time. it's an extraordinary time. this is a chance for me, i think, to talk to america directly. >> and a chance for us to understand...
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Nov 30, 2012
11/12
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the latest weakness came from the united states, not china. starbucks. i think china is a growth story there frankly. the high quality problem of lines that are too long. i think we'll hear amazing things about china when howard schultz has his analyst conference in new york on december 5th. it will be a great con fab. in fact, i would use any weakness in starbucks to buy the stock ahead of that meeting. with china expanding and india blooming, not to mention the splendid addition to t barn to the family starbucks has a terrific story to tell and they can tell it. may be a one off situation. the business of fried chicken, it's cool there in china. i can't draw any conclusion. plus it's worth pointing out the united states lately was a disappointment. all that said, yum is a remarkable company. my inclination would be to hold onto it no matter what. if you really need to get out of it maybe at a higher price. perhaps at next thursday's analyst meeting. for yum in general it's worth pointing out that the restaurant stocks have become quite inhospitable of
the latest weakness came from the united states, not china. starbucks. i think china is a growth story there frankly. the high quality problem of lines that are too long. i think we'll hear amazing things about china when howard schultz has his analyst conference in new york on december 5th. it will be a great con fab. in fact, i would use any weakness in starbucks to buy the stock ahead of that meeting. with china expanding and india blooming, not to mention the splendid addition to t barn to...
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Nov 1, 2012
11/12
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what is a rental unit at the moment in the united states? 7%. you couldn't borrow money on a seven year basis for that. that is big. that is a real tangible measure. >> you have tax, you have depreciation, you have all sorts of problems but i get your point. they're thinking they're getting a free ride on a cheap property market. but what i would like to see just to argue that there will be a sustained housing recovery is see it by income and purchasing. >>> we look at the markets, lloyds a pop of 4% in the stock today. that included cpi, mid selling off of payment protection insurance. along with other banks. let's get out to a sales trader. will, give us a view on lloyds. the market seems to be responding positively. >> you have the underlying story and then what they refer to as legacy issues. we were given a heads up a few weeks ago when it was barclays upset ppi and that gave investors a little bit ahead of lloyds and other bank earnings. and as a result, i think that's why we're seeing this move up. >> also interesting down 1.35 billion po
what is a rental unit at the moment in the united states? 7%. you couldn't borrow money on a seven year basis for that. that is big. that is a real tangible measure. >> you have tax, you have depreciation, you have all sorts of problems but i get your point. they're thinking they're getting a free ride on a cheap property market. but what i would like to see just to argue that there will be a sustained housing recovery is see it by income and purchasing. >>> we look at the...
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Nov 23, 2012
11/12
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the official name is the united statess of mexico. they established it in 1824 to try to emulate the big neighbor up to the north. mexicans have taken to twitter to mock the maname change. one person defeated it should be changed to fraud land as a joke. what we want to know is any country's name that you would like to to change and to what. let us know. worldwide@cnbc.com, at@cnbcwex,@ rosswestgate. >>> we'll be in tell a vee with the latel aviv with the latest when we come back. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> a recap of the headlines. draghi defends plans for a banking supervise or saying the central bank is the best candidate for the job. germany's ifo business climate index rises above forecasts for november. and the eu wubudget battle rage on as they pail to reach a compromise. israeli gunfire has reportedly killed a palestinian along the gaza b
the official name is the united statess of mexico. they established it in 1824 to try to emulate the big neighbor up to the north. mexicans have taken to twitter to mock the maname change. one person defeated it should be changed to fraud land as a joke. what we want to know is any country's name that you would like to to change and to what. let us know. worldwide@cnbc.com, at@cnbcwex,@ rosswestgate. >>> we'll be in tell a vee with the latel aviv with the latest when we come back. can...
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Nov 27, 2012
11/12
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y different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, d lonting. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> welcome back to "squawk box," everyone. shares of dollar general are trading higher this morning. that company is going to be replacing cooper industries in t
y different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one...
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Nov 20, 2012
11/12
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the thought that you're gonna solve the debt problem in the united states by raising taxes on the rich, we know it's only a 6 or 7% of the trillion dollar deficit that we are running. i'm actually getting to be a fan now of let's do something and the congress doesn't seem to want to do anything. they are kind of like people who are overweight and they want to lose weight by maybe only having two helpings of pumpkin pie for dessert and not three. you know earthquake let's bring on simpson boles, let's bring on sequestration. let's get started on the process, not clear to me leaders in washington, either party, really serious about fixing the fundamental problem the united states faces. >> we are almost california. our did the 100% of gdp, running 1 trillion deficits. gets get a balanced budget into the system. >> right. >> we have got our own greece here, it's callinged california. look what's happening there. >> right. >> let's talk a little bit about -- more specifically about education. i know you are passionate about stem education specifically. if you had to sort of highlight one t
the thought that you're gonna solve the debt problem in the united states by raising taxes on the rich, we know it's only a 6 or 7% of the trillion dollar deficit that we are running. i'm actually getting to be a fan now of let's do something and the congress doesn't seem to want to do anything. they are kind of like people who are overweight and they want to lose weight by maybe only having two helpings of pumpkin pie for dessert and not three. you know earthquake let's bring on simpson boles,...
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Nov 7, 2012
11/12
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in the united states, this is the reaction in europe. it's a mildly risk-on scene. stocks up here across the european equity landscape. as far as sectors are concerned, autos and health care are the best. just two sectors down. the dollar is off this morning, but it's a mixed performance as far as certain commodities are concerned. u.s. financial stocks. maintaining the status quo, so not a major reaction. citigroup flat. goldman sachs up just a third. we're not going to get any major regulatory changes. as far as pharma stocks, we stay with obama medicare, so no major changes in care. european farmers a little bit firmer. energy stocks with energy play, seeing oil prices weaker this morning. the focus back on demand fundamentals and it just means with obama staying as president, probably takes a little bit of heat out of the geopolitical tension. as a result, chevron slightly firmer. the oil price is down, though. exxon down one and a quarter here. but essentially the tone this morning has been a mild risk on. relief that we've got a de
in the united states, this is the reaction in europe. it's a mildly risk-on scene. stocks up here across the european equity landscape. as far as sectors are concerned, autos and health care are the best. just two sectors down. the dollar is off this morning, but it's a mixed performance as far as certain commodities are concerned. u.s. financial stocks. maintaining the status quo, so not a major reaction. citigroup flat. goldman sachs up just a third. we're not going to get any major...
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Nov 22, 2012
11/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. heartburn symptoms causedelieve by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. [ male announcer ] this december, remember -- you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >> it's a never-ending struggle-- america battling to wean itself off foreign oil, and foreign producers doing all they can to make sure we stay hooked. one country eager to keep the u.s. a loyal customer is saudi arabia, the largest producer in the
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. heartburn symptoms causedelieve by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side...
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Nov 26, 2012
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and most importantly, it is the birthplace of the united states of america. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >> announcer: you're watching a special edition of "street signs." live from lincoln financial field in philadelphia. here now is brian sullivan. >> and welcome back to a very special edition here on "street signs." brian, of course you've done the big reveal. we all know now that you're in philadelphia. there were many people out there in the twitter verse who already guessed it. mind you, my grandmother could have guessed it with all those things you were sending out like big sandwiches and various things. come on, dude! you could have played it more difficult for us. >> no, no, no. you know who blew it? car
and most importantly, it is the birthplace of the united states of america. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >> announcer: you're watching a...
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Nov 21, 2012
11/12
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those economics are bad for the united states. you must pay workers enough to buy the products they sell. when you justify impoverishing hard-working people, you will see, as the report points out, it has a negative effect on job creation, a negative effect on demand. supply side economics failed. it's time we try some demand side economics. >> if you're going to tell employers what they have to pay their workers, then employers are simply going to go elsewhere unless the workers increase their productivity. what we're seeing right now is a trend towards more part-time work because of the new health care law. we're seeing that machines are replacing workers. you go to cvs, you see these scanning machines. >> i'm not telling walmart what to pay its workers. i'm saying in america we have a process called collective bargaining which allows the management side and the unions to come together and decide that in a democratic fashion. >> and not to strike on the busiest day. you both make very important points. we so appreciate it. diana
those economics are bad for the united states. you must pay workers enough to buy the products they sell. when you justify impoverishing hard-working people, you will see, as the report points out, it has a negative effect on job creation, a negative effect on demand. supply side economics failed. it's time we try some demand side economics. >> if you're going to tell employers what they have to pay their workers, then employers are simply going to go elsewhere unless the workers increase...
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Nov 26, 2012
11/12
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we're a little higher this year, cpi in the united states is up 2.2%. so we're a little higher this year. but i think as you look at those items that are related to feed costs and what we saw as a result of the drought, no surprise that it's higher than in the overall economy. >> so why are we still having a fairly between shopping season? >> there is some pick up in consumer conversation and we have a struggling economy, but there does seem to be some momentum that the economy is pick up. hopefully that will continue as we make efforts to resolve challenges that we have around the if i cfiscal cliff. if we can do that, i think consumers are looking forward to better times ahead. >> good stuff. thanks very much for joining us. we'll probably put this on the web actually if you want to look at all the differences. three french thens up 10%. now, for viewers in the u.s., as i say, you can't win if you didn't play. the u.s. power ball lottery jackpot is now $425 million for wednesday's draw. it's available in 40 u.s. states, washington, d.c. earlier this y
we're a little higher this year, cpi in the united states is up 2.2%. so we're a little higher this year. but i think as you look at those items that are related to feed costs and what we saw as a result of the drought, no surprise that it's higher than in the overall economy. >> so why are we still having a fairly between shopping season? >> there is some pick up in consumer conversation and we have a struggling economy, but there does seem to be some momentum that the economy is...
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Nov 12, 2012
11/12
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through the united states. i just thought i'd mention it. they say it may not be a long term trend for the quarter but it lifted publicists and wpp a bit. no question it is going to be tough regardless of the fiscal cliff on american defense expenditure. and that is reflected back today by a uk aerospace player. it's actually very big in in flight refueling. you see the stock down 9%. even if there isn't sequestration here in the united states, they will still see in 2013 low to mid-digit declines in their budgets moving forward. it's going to be tough in aerospace if you're selling into this u.s. market regardless of whether you actually go over the fiscal cliff, carl. back to you ent. >> interesting. >>> let's get a capital markets op-ed from gary back at headquarters who's whipping out the charts. >> look at some pictures, carl. what do they say? a picture is worth 1,000 words? a trillion words, maybe? don't shoot the messenger. i want to show you a couple charts making the rounds within the industry over th
through the united states. i just thought i'd mention it. they say it may not be a long term trend for the quarter but it lifted publicists and wpp a bit. no question it is going to be tough regardless of the fiscal cliff on american defense expenditure. and that is reflected back today by a uk aerospace player. it's actually very big in in flight refueling. you see the stock down 9%. even if there isn't sequestration here in the united states, they will still see in 2013 low to mid-digit...
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Nov 7, 2012
11/12
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for 30 some years at manyuperit different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. >>> dow is down 235. s&p down 25. 1,402. people are talking about near term support around 1,399. we'll see. in the meantime, mitt romney referencing partisanship in his concession speech as president obama has the challenge of bringing together a divided congress to find a solution to the fiscal cliff. steve, welcome back. good morning. >> good morning to you. >> fascinating night last night. we talked with you on this floor a couple days ago on fix the debt. did a mandate happen last night and who needs to make the fi
for 30 some years at manyuperit different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td...
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Nov 8, 2012
11/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back to "power lunch." i'm sharon epperson. just in time for the bell for the close of the gold, trading here on the floor of the new york mercantile exchange. gold prilgss haces are up $11 ot the close, $1,726 an ounce, near
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on...
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Nov 12, 2012
11/12
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the united states and even europe. it's important to note, though, that trade officials see challenges ahead. most recently, over solar panels. the u.s. has approved steep trade tariffs, a move officials here say could backfire and cost american companies this market. >> translator: someone asked me are you in a trading war with the united states? i said no. i hope we can sit down and discuss and try our best not to get involved in trade war. but i must say when others tackle businesses, i have to protect our businesses. >> policymakers also attempted to ease concerns about a brewing debt crisis here. >> translator: the bad loans have been on the rise this year, mostly due to the difficulties in management of some industries. but the overall bank as a quality stable and the risk is under control. ratio almost the same as that at the beginning of the year, far lower of the world's major banks. >> regulators and bank executives said that chinese banks have spread the loans across several different sectors including steel
the united states and even europe. it's important to note, though, that trade officials see challenges ahead. most recently, over solar panels. the u.s. has approved steep trade tariffs, a move officials here say could backfire and cost american companies this market. >> translator: someone asked me are you in a trading war with the united states? i said no. i hope we can sit down and discuss and try our best not to get involved in trade war. but i must say when others tackle businesses,...
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Nov 30, 2012
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the house basically has just passed a bill that would allow them to stay in the united states longer but it doesn't look like it has much future in the senate. what are your thoughts? >> this is an issue where we really ought to be able to get to yes. i've introduced legislation to try to address this issue and make sure that we can provide visas to people that graduate with degrees, advanced degrees from the united states institutions, in engineering, in math and science. so i don't think we're all that far apart but there hasn't been a willingness yet to come to resolve some of the remaining issues. but this ought to be really a no-brainer for us. we can't afford to be turning away the best and the brightest, not only educating them here but then turning them into our competitors. so i hope that we can get to yes on this soon. and i think there is encouraging reason to believe that we can get to yes on a broader immigration bill. i'm hearing some of my gop colleagues talk in terms about this and show receptivity to this that we've never seen before. >> congressman, thank you very m
the house basically has just passed a bill that would allow them to stay in the united states longer but it doesn't look like it has much future in the senate. what are your thoughts? >> this is an issue where we really ought to be able to get to yes. i've introduced legislation to try to address this issue and make sure that we can provide visas to people that graduate with degrees, advanced degrees from the united states institutions, in engineering, in math and science. so i don't...
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Nov 15, 2012
11/12
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. >>> back to some business here in the united states. with a week to go before the official kickoff to holiday shopping season, it is a big day for retail today. we'll be getting quarterly results from walmart, target, both of these companies before the bell. john lawrence covers the sector for stevens. john, first of all, what can we expect from these two companies with the earnings coming out and what are you seeing with how americans are feeling as we head into the crucial retail season? >> certainly in the case of walmart i think we'll see that they're very bullish on what they've been able to do in the marketplace. some of the things that they've got planned for black friday, pretty aggressive. certainly the last several quarters, they're riding on a lot of good sales momentum because of these initiatives over the last couple year. i think we'll continue to see that. some of these ideas they put in place like the one hour guarantee for black friday and some of the announcements with -- at the end of the day, walmart when they're pri
. >>> back to some business here in the united states. with a week to go before the official kickoff to holiday shopping season, it is a big day for retail today. we'll be getting quarterly results from walmart, target, both of these companies before the bell. john lawrence covers the sector for stevens. john, first of all, what can we expect from these two companies with the earnings coming out and what are you seeing with how americans are feeling as we head into the crucial retail...
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Nov 30, 2012
11/12
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but the united nations is the voice of the international community. what is really disappointing is the role that the russians are not playing. by taking a stand that is not helpful in terms of supporting the international community. >> would you extend that to their stance with regard to iran? >> well, i think that the iran situation is different. what is interesting on iran is that the international community has been acting together in a very tough sanctions regime and in many ways have made clear that iran is an isolated country. and the russians have been quite helpful in terms of some of their previous activities. so i think that on iran the international community have been standing together on tough sanctions. >> you mentioned iran being isolated, but you're in turkey for the global infrastructure initiative there. you're in a country which has been involved in this sort of gold for gas trade with iran through dubai. are you concerned by the level of involvement there, the way in which countries in some cases turkey are trying to skirt these u
but the united nations is the voice of the international community. what is really disappointing is the role that the russians are not playing. by taking a stand that is not helpful in terms of supporting the international community. >> would you extend that to their stance with regard to iran? >> well, i think that the iran situation is different. what is interesting on iran is that the international community has been acting together in a very tough sanctions regime and in many...
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Nov 21, 2012
11/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> this is an intraday chart of the dow. right near the highs of the session, up 54 points. you see about 1,230? we made a decided move higher is when we heard about the cease-fire between hamas and israel. >>> of course, that
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor...
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Nov 30, 2012
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i'm all for that if they pay the same amount there as the united kingdom. we'd save over $500 billion over the next decade. you can find savings like that. >> so you're just saying social security then. you think medicare should be cut then. >> well, i'd say it's a good way to do that. social security, we don't have -- we talked about three-legged retirement. people don't have anything other than social security. >> j.d., what about that? are there other areas that would make a difference if you were to leave social security and medicare alone? >> those are the big three. that's where the exploding costs are. you have to go after those. those are where the spending cuts need to fall. i haven't been asleep, dean. i just don't read fiction. the fiction you're reading is the line in the medicare trustee support that says that obamacare worked. well, they also say that you can't trust any of the cuts from obamacare. they don't believe them themselves. the trustee's report is full of warnings not to believe those cuts. medicare is unaffordable, which is why simp
i'm all for that if they pay the same amount there as the united kingdom. we'd save over $500 billion over the next decade. you can find savings like that. >> so you're just saying social security then. you think medicare should be cut then. >> well, i'd say it's a good way to do that. social security, we don't have -- we talked about three-legged retirement. people don't have anything other than social security. >> j.d., what about that? are there other areas that would make...
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Nov 8, 2012
11/12
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the ipad mini sold 3 million units in the first three days it went on sale. >> why is the stock down 20% since september, porter? >> something's changed. >> it's a reflection of the overall macro economic situation around the country and around the world? and also, you made a lot of play around the management shuffles and you say margins are going down, but there's an argument against that and no product innovation. that's crazy. they've got a big, big innovation in apple tv that is going to come out in 2013 that's going to be shaking up the whole cable and television world. >> paul, what's the deal with apple? why is it down now in bear market territory off the high? has the story changed? >> i don't think the story's changed that much. you want this company to be an innovator and there's obviously a lot of angst because in recent weeks and recent months you've had ramping or very early ramping of two important products and new versions of the ipad and the iphone 5 and so i'm not necessarily worried, even though i do follow the unit volumes versus the street estimates in their very
the ipad mini sold 3 million units in the first three days it went on sale. >> why is the stock down 20% since september, porter? >> something's changed. >> it's a reflection of the overall macro economic situation around the country and around the world? and also, you made a lot of play around the management shuffles and you say margins are going down, but there's an argument against that and no product innovation. that's crazy. they've got a big, big innovation in apple tv...
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Nov 26, 2012
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the next head of the bank of england in the united kingdom will be the bank of canada governor mark carney. this is a major development. we thought they would appoint internal internal internalally. they say they weathered the financial storm so well, they didn't have to go to centralized cothey didn't have to be bailed out and therefore mark carney will get the job in the united kingdom. it's one of the most important jobs in banking. he will have an eight-year term. he will not just set monetary policy in the united kingdom, he'll determine whether or not the big u.k. banks and i'm talking about barclays and whether they get group. tucker, who we thought would get the job, is not getting the job possibly because of his involvement or perhaps the tarnishment of the scandal. >> they can go outside of the country to find -- >> for the first time in 60 years outside of the bank and outside of the country. >> it's like taking bernanke's replacement outside of the u.s. >> a more free market solution by far. >> barclays we are keeping a close eye on. >> canadians are like what? we just lost one
the next head of the bank of england in the united kingdom will be the bank of canada governor mark carney. this is a major development. we thought they would appoint internal internal internalally. they say they weathered the financial storm so well, they didn't have to go to centralized cothey didn't have to be bailed out and therefore mark carney will get the job in the united kingdom. it's one of the most important jobs in banking. he will have an eight-year term. he will not just set...
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Nov 30, 2012
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. >>> the united way and other nonprofits are freaking out tonight that the charitable tax deduction might be capped in order to help soft the budget problem, but you know what i think? i think the deduction has nothing to do with charitable giving. it's a tax dodge for rich people. it deserves to be cut, capped, maybe even abolished. now, we are a great charitable nation, but it's not about taxes. it's about the moral responsibility to give back the bounty we have been blessed with, now about a deduction. let's talk. welcome to the show. i'm sorry i'm going to be challenging all your assertions. you've been through this debate many times. i'm going to argue to you that it is income, wealth and economic growth that are the best drivers of prosperity from which charitable contributions stem. >> let me just respond to that, larry. there's no doubt in a americans are have generous, they will give, and their only sol encriminality erv is not the deduction, we agree, but no doubt and our studies show if you cap the charitable deduction it will affect nonprofits. that amount equates to the
. >>> the united way and other nonprofits are freaking out tonight that the charitable tax deduction might be capped in order to help soft the budget problem, but you know what i think? i think the deduction has nothing to do with charitable giving. it's a tax dodge for rich people. it deserves to be cut, capped, maybe even abolished. now, we are a great charitable nation, but it's not about taxes. it's about the moral responsibility to give back the bounty we have been blessed with,...
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Nov 7, 2012
11/12
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the president of the united states has been decided. 274 electoral votes for president obama. the president re-elected tonight. >> big headlines of this hour. however, romney camp has not yet con seeded defeat in ohio where many provisional ballots remain uncounted. the popular vote is split directly equal. >> we want to get the state of play right now. john, let's talk about ohio. this was the deciding vote for the president and of course, just a few minutes ago we heard that the romney camp was not willing to con seed. that in fact, ohio, all of the votes have not been counted and they are not willing to con seed that, in fact, the president won ohio. >> i have returned from the map room. >> yes. we haven't gotten the final tabulation of votes. the romney campaign can refuse to con seed. until colorado and -- you know, the romney campaign can hold out. >> you have been down this road under different administrations and different election nights. can you walk us through what some of the thinking is on the romney side at this hour knowing what we don't know? >> what they are d
the president of the united states has been decided. 274 electoral votes for president obama. the president re-elected tonight. >> big headlines of this hour. however, romney camp has not yet con seeded defeat in ohio where many provisional ballots remain uncounted. the popular vote is split directly equal. >> we want to get the state of play right now. john, let's talk about ohio. this was the deciding vote for the president and of course, just a few minutes ago we heard that the...
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Nov 21, 2012
11/12
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the unit owner was aware of the trades. spokesman tells cnbc that cohen and the firm are cooperating with the probe. he is the third employee that has resulted in more than 60 convictions so far. >> we appreciate the update. now let's go to the war in the middle east. still no cease fire deal. israel. you will never guess which target they took out today. that whole story continues and is up next. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing ho
the unit owner was aware of the trades. spokesman tells cnbc that cohen and the firm are cooperating with the probe. he is the third employee that has resulted in more than 60 convictions so far. >> we appreciate the update. now let's go to the war in the middle east. still no cease fire deal. israel. you will never guess which target they took out today. that whole story continues and is up next. and she became the full time mother of three. it was soccer, and ballet, and cheerleading,...
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Nov 13, 2012
11/12
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not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little more oil with that strategy. so more of a curve play. >> all right. patrick, you're with us for the first half hour. also we'll be out to new york for a check of the retail sector in the wake of super storm sandy. some department stores are getting ready to report third quarter numbers. >> we're also live in italy ahead of the three biggest banks reporting earnings. >> a
not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short...
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Nov 9, 2012
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how does that compare with the united states? >> in the u.s., no surprise still it has bigger economy, it has much larger per capita gdp, although it has about half as many internet users given the population size perhaps not a huge surprise there. internet penetration rate is still double. >> petrol china just under 250 billion and then china mobile. big drop down into the likes of sinopec. significantly undervalued compared to some of these big beasts over here. >> those numbers on the right show in china, only the top two companies there are among the world's biggest top ten. in the u.s., all five of them are. even general electric, the fifth biggest company by market cap in the u.s. still one of the top ten companies in the world. the largest apple of course. this valuation has fallen significantly, these naums these as of october. you can see the market capitalization of these companies in the u.s. for the most part still trumps china. so what about the leadership transitions and where are we headed? joining us is professor
how does that compare with the united states? >> in the u.s., no surprise still it has bigger economy, it has much larger per capita gdp, although it has about half as many internet users given the population size perhaps not a huge surprise there. internet penetration rate is still double. >> petrol china just under 250 billion and then china mobile. big drop down into the likes of sinopec. significantly undervalued compared to some of these big beasts over here. >> those...
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Nov 6, 2012
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top 400 wealthiest people in the united states. jim, before we dive into the substance of this, i think the most remarkable thing is 18 months into a campaign, a billion dollars spent on each side and still in the final days of that campaign, you feel the need to make the calculation. in other words, people still have no idea. >> i had no idea. i have to say the candidates have not helped very much on that. they have a new curveball on the tax reform front. i sat down to try to do the numbers. it wasn't easy. i did a fair estimate of what they are calling for and tried to come up with an objective answer. >> on the question of why there's an absence of information because each candidate wants the majority of people to believe they won't be paying more. >> they said everybody in the middle class doesn't have to worry. they are very vague about anyone above that or where is middle class. they want to think it will be better. someone is going to pay more. it won't be you. >> let's cut to the chase. you had to make a lot of assumptions
top 400 wealthiest people in the united states. jim, before we dive into the substance of this, i think the most remarkable thing is 18 months into a campaign, a billion dollars spent on each side and still in the final days of that campaign, you feel the need to make the calculation. in other words, people still have no idea. >> i had no idea. i have to say the candidates have not helped very much on that. they have a new curveball on the tax reform front. i sat down to try to do the...
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Nov 12, 2012
11/12
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if you make $250,000 or more, you're in the top 5% of wage earners in the united states. by any definition that would be considered upper end or maybe even rich, maria. >> but can you say that. but when you've got a couple bringing in collectively $250,000, you've got the nanny and you've got the food and the gasoline, you're still living paycheck to paycheck. i doubt they feel rich. >> i understand that. but the thing is, basic data, the upper 5 % of income earners. if we're going to do with wha daniel said, make a dent in the deficit, three things we have to do. basic math work this is way. cut defense, raise revenues and reform medicare and medicaid. three critical things that have to get done if we're going to see significant deficit reduction deal. >> i'm going to do an observation about this later on in the show but let me ask you this, if we're only attacking the top rate, and you can call it a million, $250,000 f we're only attacking the top rate, that's going from 35% where it is right now to close to 40%, which is where it's going to go at the end of the year if
if you make $250,000 or more, you're in the top 5% of wage earners in the united states. by any definition that would be considered upper end or maybe even rich, maria. >> but can you say that. but when you've got a couple bringing in collectively $250,000, you've got the nanny and you've got the food and the gasoline, you're still living paycheck to paycheck. i doubt they feel rich. >> i understand that. but the thing is, basic data, the upper 5 % of income earners. if we're going...
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Nov 27, 2012
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here in the united states? >> not about replacing it education has been the purview of the states. bringing the states back into the discussion, giving more powers to the state you that, is the solution, take the federal government out of t. >> so those three fixes you have put forward, robert, how much money would that save us? >> we have no idea how much exact think would save but the fiscal cliff right now a band-aid on top of this larger fiscal problem. the real question when is the federal government and congress getting serious about make the cuts they need to protect the debt long term and fay off? >> absolutely the problem. put a band-aid over the fiscal cliff. okay. we ticked that one off. then a lot of long-term problems to solve here. i would like to ask you though, robert, because you, along with many other people who talked to us on cnbc, their wish list of what they would like that is a wish list. how realistic is it? >> not that realistic, but it could happen because if the tax rates are secondse
here in the united states? >> not about replacing it education has been the purview of the states. bringing the states back into the discussion, giving more powers to the state you that, is the solution, take the federal government out of t. >> so those three fixes you have put forward, robert, how much money would that save us? >> we have no idea how much exact think would save but the fiscal cliff right now a band-aid on top of this larger fiscal problem. the real question...
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Nov 22, 2012
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of the united states. the united states over the last 12 months already exported a record 3 1/2 million barrels of oil and refined product a day. >> that's extremely misleading. >> it isn't. >> they are. we cannot use them, that's why we export them. ken green, let me go to you. >> yes. >> this pipeline will get all kinds of gas, all kinds of oil to be refined to the east coast and west coast, which we have learned from the hurricane emergency, we desperately need. and ken, one other point, the head of the afl-cio building trades, has been on here, 220,000 immediate jobs and as much as 500,000 indirect jobs. ken green, how can we not do the keystone pipeline? >> it is a no-brainer. canada is our ally. you don't blockade allies and trading partners when they are trying to get goods into your market when they both benefit from the trade in the market. we have over 2 million miles of pipeline which are operated safely. we can certainly build another one to operate safely. this is the environmentalives trying
of the united states. the united states over the last 12 months already exported a record 3 1/2 million barrels of oil and refined product a day. >> that's extremely misleading. >> it isn't. >> they are. we cannot use them, that's why we export them. ken green, let me go to you. >> yes. >> this pipeline will get all kinds of gas, all kinds of oil to be refined to the east coast and west coast, which we have learned from the hurricane emergency, we desperately need....
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Nov 26, 2012
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how do you see the situation with the fiscal cliff here in the united states? how does it impact what you do with your investments? >> first the fiscal cliff is totally something we think will get resolved somehow. last year the u.s. gave such a bad image trying to compete with europe. and basically within that they can't just do it again. >> you are talking about a committee of politicians. >> exactly. >> otherwise there will be no commitment on the health of europe to solve their own crisis. secondly we think with the election out of the way there is somehow less tension on the issue but there is a mandate. third what we like is we are seeing the economy rebounding in the states compared to europe. so -- >> you sound like you are buying the u.s. market. >> that is mainly financials. and we think there are some unique opportunities because most of the negatives are enterprise in terms of expectation and most importantly fear. but in reality there is tremendous value in what is the largest economy globally. >> the average retail investor, are there names you wo
how do you see the situation with the fiscal cliff here in the united states? how does it impact what you do with your investments? >> first the fiscal cliff is totally something we think will get resolved somehow. last year the u.s. gave such a bad image trying to compete with europe. and basically within that they can't just do it again. >> you are talking about a committee of politicians. >> exactly. >> otherwise there will be no commitment on the health of europe to...
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Nov 15, 2012
11/12
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solvable as compared to the united states. i'm of the view you have a fundamentally misaligned exchange rate. and that is not an easy problem to solve. either the rich countries subsidize it hold the thing together or it will be very hard to keep the eurozone together. so i don't really have a solution on that one. in the u.s., where he ought te the lesson that just engaging in mass austerity and counting on that to be stimulative is not really working at a time like this. the conditions are a little different than they were in some of the countries where people thought austerity would be a little more growth generating. i think now you have to take a second look if you're advocating big austerity and you think it will generate growth. i don't think the evidences back that up. >> so no solutions fort cohcomi from austan goolsbee. weekly jobless claims are out at 8:30 and they're expected to jump by 20,000 to 375,000. we're looking for the impact of hurricane sandy. the october cpi index is also out at 8:30, expected to rise 0.
solvable as compared to the united states. i'm of the view you have a fundamentally misaligned exchange rate. and that is not an easy problem to solve. either the rich countries subsidize it hold the thing together or it will be very hard to keep the eurozone together. so i don't really have a solution on that one. in the u.s., where he ought te the lesson that just engaging in mass austerity and counting on that to be stimulative is not really working at a time like this. the conditions are a...
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Nov 8, 2012
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broadly it will be engagement with the united states. in the sesks, that's still to be seen. >> and we'll bring her back on the program as we do get some of that detail going forward. thanks very much for your time this morning. >>> coming up, we'll bring you the latest on potential gridlock. let's just say likely gridlock on capitol hill. we'll speak with someone who says there will be a fiscal cliff solution at the very last minute and we'll also keep you updated on the snowstorm battering the u.s. northeast. and post election market volatility and see if there are places where you can find shelter. so, what hap pens if i'm in an accident and need to get my car fixed? progressive makes it easy, because we give you choices. you can pick where to get your car fixed, we can cut you a check, or, at our service center, we take care of everything for you. [ relaxing music playing ] [ chuckles ] -whew, so many choices. -take your time. -the service center. -okay. giving you choices -- now, that's progressive. call or click today. >>> if you'r
broadly it will be engagement with the united states. in the sesks, that's still to be seen. >> and we'll bring her back on the program as we do get some of that detail going forward. thanks very much for your time this morning. >>> coming up, we'll bring you the latest on potential gridlock. let's just say likely gridlock on capitol hill. we'll speak with someone who says there will be a fiscal cliff solution at the very last minute and we'll also keep you updated on the...